Nordstrom, Inc. reported preliminary sales of $604.0 million for the four-week period ending May 5, 2007, an increase of 3.3% compared to sales of $584.9 million for the four-week period ending April 29, 2006. Same-store sales increased 3.1%.
Preliminary first quarter sales of $1.95 billion increased 9.3% compared to sales of $1.79 billion during the same period in fiscal 2006. First quarter same-store sales increased 9.5%.
The 53rd week in fiscal 2006 created a timing shift in the 4-5-4 calendar for fiscal 2007. The month of April in fiscal 2007 began and ended one week later than in fiscal 2006. This timing shift negatively impacted sales results for April 2007, but positively impacted results for the first quarter of 2007.
For the period of March and April 2007 combined, same-store sales increased 9.6 percent. Combining March and April sales takes into account the shift of the Easter holiday selling period from April into March, and provides a more comparable view of results this year versus last year.
